Plan Ledger DOL Form 5500 · updated monthly

Landmark Management Solutions LLC401(k)

LANDMARK HEALTH SOLUTIONS SAVINGS PLAN · HAVERHILL, MA · plan year 2024

Reported admin expense ratio · 2024
0.74%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Landmark Management Solutions LLC reported $96,486 in plan administrative expenses for 2024: 0.74% of average plan assets, higher than ~90% of peers. Employer contributions averaged $182 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.742%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Massachusetts (1,610th of 2,726), and the 823rd of 2,534 in administrative & support services. In 2024, employees put in $9.01 for every $1.00 the employer contributed; active participation has grown from 386 to 847 since 2022.

Plan summary
Net assets, end of year$13,669,970
Participants with balances318
Active participants847
Employer contributions$154,512
Employee contributions$1,392,591
Employer contribution per active participant$182
Average account balance$42,987
Benefits paid to participants$1,572,747
Plan auditUnmodified (clean) audit opinion
AuditorCRR, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$13.7M · 318 accts · $155K emplr
2023$12.3M · 295 accts · $179K emplr
2022$9.3M · 312 accts · $140K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,966
Investment management$25,000
Audit (IQPA)$32,520
Total administrative$96,486
The Landmark Management Solutions LLC 401(k) match · 2024
Employer contribution per active participant$182
Median for plans this size$2,416
2024$182 per active participant
2023$352 per active participant
2022$363 per active participant

Landmark Management Solutions LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$38,966
CRR, LLP · Accounting / audit$32,520
LION STREET FINANCIAL LLC · Investment advisory (plan)$25,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$96,486 · 0.74%
2023$55,172 · 0.51%
2022$72,923 · 0.74%
Same employer
Similar plansAdministrative & Support Services · Massachusetts
C&W Facility Services, Inc. MA$15.0M · 0.27%
Northern Tree Service, LLC MA$14.6M · 0.08%
Digipress dba Spire MA$13.6M · 0.29%
Foley Holdings, LLC MA$13.5M · 1.01%
Simspace Corporation MA$13.0M · 0.06%
Virtual Incorporated MA$12.7M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272540109 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.